#13- Teaching Money Management Money management is similar to time management as a key to a balanced adult life.  It can also have far reaching impact if your child doesn’t know how to be responsible with money.  It is one of the top three reasons for marital conflict.  This is why we need to take training our children in this area very seriously as well as model money management in our own lives.  Check out our previous series on money management by clicking here. Â